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Faraday Future

Every EVXL story tagged “Faraday Future” — newest first.

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FedEx Bets $160M on EV Startup Founded by Veterans of Failed Companies
Faraday Future · Ford

FedEx Bets $160M on EV Startup Founded by Veterans of Failed Companies

The founders of Harbinger Motors have watched EV startups collapse from the inside. Now FedEx is betting they learned the right lessons. Harbinger Motors, a medium-duty electric truck chassis maker led by veterans of failed EV companies Faraday Future, Canoo, and CODA, just closed a $160 million Series C funding round co-led by FedEx. The…

Tesla

Tesla’s Winning Streak Echoes in EV Startups

Electric Vehicle (EV) startups such as Nikola and Lordstown Motors are racing ahead, leaving a blazing trail on the stock market. Without an obvious reason or catalyst, these startups, often struggling with cash, are recording considerable weekly gains. Many attribute this to a potential squeeze in the high-profile, shorted stocks. Nikola, which has seen its…

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